$TRX USDT BEARISH REVERSAL – SELLERS STRIKE BACK AFTER REJECTION
TRXUSDT is showing a clear bearish reversal after facing strong rejection near the resistance zone at 0.2834. The price attempted to break above but was quickly pushed down, indicating seller dominance.
🔑 Key Levels:
Resistance: 0.2834
Support: 0.2799
Current Price: 0.2809
📊 Trade Setup:
Entry (Short): 0.2810 – 0.2820
Take Profit (TP): 0.2800, 0.2795
Stop Loss (SL): 0.2835
📈 Market Outlook:
TRX has lost bullish momentum after an aggressive push up. The rejection candle at resistance suggests further downside towards the immediate support at 0.2799. If this level breaks, we may see extended bearish continuation.
⚠️ Risk Management:
Always risk only 1-2% of your capital per trade. Stick to your SL strictly and avoid over-leveraging in these reversal setups.
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